I do not agree. I think it is much better to invest the money. So you can earn even more money. Yes, you run the risk in an emergency that it is not a good time for a de-investment. But it could also be a good time. Overall, you have a much better chance of being better off investing than not investing.
Unless your job is exposed to high risk, I consider an emergency fund for one month sufficient.
You are a real cute lady
God. Americans are damn stupid.
I have 3 months wages in shares as they're liquid assets.
I do not agree. I think it is much better to invest the money. So you can earn even more money. Yes, you run the risk in an emergency that it is not a good time for a de-investment. But it could also be a good time. Overall, you have a much better chance of being better off investing than not investing.
Unless your job is exposed to high risk, I consider an emergency fund for one month sufficient.
Great ideas.
Wow – you spend over 95% of what you earn? A) get a higher paying job, B) drastically cut your expenses, or C) put your kids up for adoption.
Great advice! I created a similar video 👍
Always important to have some money in an emergency fund
I have 1 year OF ESSENTIAL LIVING EXPENSES FOR NEW YORK CITY. Remember these thing can change based in where you live in USA